The Philippine Crop Insurance Corporation (PCIC) is preparing ₱36 million in insurance payouts to assist 5,005 farmers across six regions whose farmlands were devastated by Typhoons Luis and Maymay, alongside the southwest monsoon, between August 1 and 11.
According to an initial report submitted to Agriculture Secretary Francisco Tiu Laurel Jr. by PCIC President Jovy Bernabe, preliminary assessments estimate total insured agricultural damage at ₱35.67 million.
Region III recorded the highest number of affected farmers with 1,836, followed by Region I with 1,218, and Region IV-B with 836. Rice crops suffered the heaviest financial impact at ₱25.6 million, while corn losses stood at ₱3.55 million and high-value crops incurred ₱3.73 million in damages.
The state crop insurer has deployed regional personnel to conduct field validations, leverage new technology, and streamline claims processing to accelerate the release of financial aid. The Department of Agriculture emphasized that timely relief remains vital for agricultural workers who rely heavily on continuous production cycles to sustain their livelihoods.
“We need to respond immediately to the needs of our farmers and fisherfolk after every calamity so they can recover quickly and sustain their livelihoods,” said Tiu Laurel.
“We are stepping up our efforts to assess damage, process claims, and deliver insurance assistance faster so our farmers can get back on their feet and return to production,” said Bernabe.